India Levodopa Market to grow at a formidable rate During the Forecast Period
Increase in the prevalence
of Parkinson’s disease is expected to drive the growth of India Levodopa market
during the forecast period.
According
to TechSci Research report, “India Levodopa Market By Drug Type (Rytary,
Duopa, Sinemet, Caramet, Others), By Composition (Single, Combinational), By
Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet,
Capsule, Others), By Distribution Channel (Online v/s Offline), By Application
(Parkinson’s Disease, Dopamine Responsive Dystonia, Restless Legs Syndrome
(RLS) and Others), By End User (Adult v/s Pediatric), By Company, By Region,
Forecast & Opportunities, FY2026”, the India levodopa market is expected to grow at a
formidable rate during the forecast period on account of presence of efficient
drug delivery methods for levodopa. Also rising
awareness regarding healthcare among the population is creating growth opportunities
for levodopa market over the forecast period. Nearly all patients receive the
dopamine precursor levodopa, as it effectively control symptoms of Parkinson’s
disease. Carbidopa is often included with levodopa-containing drugs in order to
enhance its efficacy by slowing down the metabolism of dopamine. Besides, favorable
government policies is expected to drive the market growth in the forthcoming
years. Furthermore, well-developed healthcare infrastructure which is making
headway for the growth of India Levodopa market in the years to come. However, limitation
of drug supply in the market due to delay in supply and manufacturing of levodopa
can restrict the market growth over the next few years. Additionally, availability
of alternative treatments can act as major impediment to the market growth in
the next 5 years.
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The India levodopa market is segmented based on drug type, composition, source, form, distribution
channel, application, end user, company, and region. Based on application, the
market can be fragmented into Parkinson’s disease, dopamine responsive
dystonia, restless legs syndrome (RLS) and others. The Parkinson’s disease segment
is expected to dominate the market in the next 5 years which is attributable to
rising patient cases with Parkinson’s disease coupled with the effectiveness of
this drug in treating Parkinson’s disease. In terms of source, the market is
fragmented into in-house v/s contract manufacturing organizations. In house
manufacturing segment is forecasted to dominate the market over the coming
years. This dominance is attributed to the ability to pivot quickly to suit
changing market conditions and can easily make changes in response to
innovative ideas. The contract manufacturing organizations is forecasted to
register highest CAGR in the years to come owing to increased revenue and
profits.
Wockhardt Ltd., Teva
Pharmaceuticals Industries Ltd., Torrent Pharmaceuticals Ltd., Divis
Laboratories Ltd., Taj Pharmaceuticals Ltd., Cipla Ltd., Zydus Cadila
Healthcare Ltd. (Neuro), GlaxoSmithKline Pharmaceuticals
Ltd., Nicholas Piramal India Ltd., Micro Labs Ltd. (Synchro), and
others are some of the leading players operating in India levodopa market. The
key market players operating in the market are using organic strategies such as
product launches, mergers and acquisitions, collaborations, joint ventures to boost
their market share and to expand their geographic reach. Along with this,
supportive policy for the pharmaceutical industry is anticipated to aid the
current market of levodopa.
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“India levodopa market is expected to
witness formidable growth in the coming years on account of developing new and improved
therapies. Furthermore, increased government funding for research is further
expected to fuel the market growth through FY2026 as they make these drugs more
affordable in the country. Also, launching new products by key market players
is another key factor which is expected to create lucrative opportunities for
the market growth over the next five years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based India
management consulting firm.
“India Levodopa Market By Drug Type (Rytary, Duopa,
Sinemet, Caramet, Others), By Composition (Single, Combinational), By Source
(In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule,
Others), By Distribution Channel (Online v/s Offline), By Application
(Parkinson’s Disease, Dopamine Responsive Dystonia, Restless Legs Syndrome
(RLS) and Others), By End User (Adult v/s Pediatric), By Company, By Region,
Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India levodopa
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in India levodopa market.
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